Reuters logo
BRIEF-Accorhotels shareholders turn down plan to ditch double-voting rights
May 5, 2017 / 4:12 PM / 5 months ago

BRIEF-Accorhotels shareholders turn down plan to ditch double-voting rights

May 5 (Reuters) - AccorHotels Annual Shareholders Meeting.

* Accorhotels shareholders reject a proposal blocking the granting of further double-voting rights to long term shareholders.

* Some 52.36 percent of the votes were cast in favour of the proposal at the annual shareholders meeting while the proposal needed a two-thirds majority to be approved.

* A group of 14 shareholders, led by Paris-based investment firm PhiTrust and representing 2.3 percent of AccorHotels’s capital, had filed the proposal to block the further granting of double voting rights. Source text for Eikon: Further company coverage: (Reporting By Dominique Vidalon)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below